Earlier this morning, Zhu Su went on to express his unhappiness towards the Luna slide in a series of tweets. Zhu Su, the CEO of 3AC, conveyed remorsefulness and apologised for ignoring the frequent w...
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Kris Marszalek clarifies what’s different between now and last bear market
Kris Marszalek, CEO of Crypto.com states crypto will come back stronger Total market cap losses amount to $570 billion Experts opine that 95% of projects will fail Crypto.com CEO Kris Marszalek called...
‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps – Bitcoin News
Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coi...
El Salvador Buys the Dip Again and Purchases 500 Bitcoin (BTC) Amid Crypto Crash
El Salvador is continuing to buy the dip on Bitcoin (BTC) even as the crypto markets suffer a major crash. El Salvadoran President Nayib Bukele recently announced the Central American nation bought an...
How Poor User Experiences Lower the Market Cap for NFTs
Interest in the revolutionary technology “NFTs” has been growing over the last few years; in many countries, it peaked last year, in others, such as Singapore and the United Arab Emirates, the NFT boo...
Turkey Opposes Finland And Sweden Joining NATO, Erdogan Says
Topline Turkish President Recep Tayyip Erdogan said Friday his country opposes Finland and Sweden joining NATO, potentially blocking the two countries’ hopes for a quick accession into the alliance, a...
Coinbase junk bonds tank amid market rout and creditors’ fears
The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, b...
Grayscale Bitcoin Trust Discount Widens to All-Time Low of 30.79%
Last year Grayscale applied to the U.S. Securities and Exchange Commission (SEC) to convert GBTC into a spot exchange-traded fund. Many analysts are skeptical the SEC will approve the conversion anyti...
Bitcoin price: Analysts’ outlook as BTC bounces above $30K
The price of Bitcoin rose more than 6% on Friday morning as bulls battled to break above $30,000. The flagship crypto, battered this week to lows of $25,400 on some exchanges amid the Terra (LUNA) and...
Terra Initiates Proposal to Burn Remaining UST
A new proposal with additional points added to Do Kwon’s initial rescue plan for UST was presented on May 12. Do Kwon is the CEO of Terraform Labs. The proposal, named “Agora,” initi...
Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna And UST Incident
– Advertisement – Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna Incident. Terra Luna seems to be antagonizing people from all corners of the crypto industry. N...
Twitter boss Parag Agrawal fires top executive on paternity leave as Musk takeover looms
Twitter is shaking up its executive team and implementing a hiring freeze ahead of Elon Musk’s $44 billion takeover, with departing executives venting their disappointment on the social platform. The ...
Blockchain will be taught in classrooms in 3-5 years
Colin Miles announces a new partnership with the National University of Singapore The partnership wil help students learn about Tezos and blockchain NUS currently offers an in-depth blockchain curricu...
What will happen to Bitcoin after the crash? Probably a BOOM?
Bitcoin has seen a massive drop in price over the past 7 days, bringing prices temporarily lower than $30,000. There is now a lot of uncertainty among investors. Why did Bitcoin crash? What will happe...
Investing Legend Mark Mobius Issues Warning to Crypto Investors, Details Dire Price Targets for Bitcoin (BTC)
Seasoned investor and co-founder of Mobius Capital Partners Mark Mobius is issuing a warning to Bitcoin (BTC) traders that devastating losses still await the leading crypto asset. In a new interview w...
Robinhood stock surges after SBF acquires 7.6% stake in retail trading giant
Sam Bankman-Fried, the founder of FTX and Alameda Research, has acquired a 7.6% stake in Robinhood. SBF’s acquisition triggered an aggressive market response, with Robinhood’s shares jumping as much a...
Ukraine Begins First War Crimes Trial For Russian Soldier Accused Of Killing Unarmed Civilian
Topline Ukraine on Friday held a preliminary hearing of a case against a 21-year-old Russian soldier accused of killing an unarmed 62-year-old Ukrainian man, potentially the first of many trials as au...
Binance’s CZ “Disappointed” With Terra Team’s Collapse Response
Key Takeaways Binance CEO Changpeng Zhao has said that he is “disappointed” with Terraform Labs’ response to Terra’s collapse. Zhao posted a tweet storm reflecting on the team&...
Binance Removes Trading Pairs for UST, LUNA—Except for BUSD
UPDATE: Binance initially delisted UST and LUNA pairs on its platform, but has since resumed trading exclusively for UST/BUSD and LUNA/BUSD. This article has been updated accordingly. The world’s larg...
Will the DOT recovery hold?
The Polkadot (DOT/USD) price has bounced back towards the weekend as investors rush to buy the dip in digital coins and technology stocks. The DOT token is trading at $11.13, which is above this week’...
Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle
Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The Venus Protocol has been hit hard by the colla...
As Crypto Markets Rebound, LMAX Hits Highest Volume Yet in 2022
LMAX Digital, an institutional spot cryptocurrency exchange and part of UK-headquartered LMAX Group, hit its peak volume so far in 2022 on Thursday. “Volumes on our institutional crypto currency excha...
Investing in Bitcoin is worth it according to Michael Saylor
According to Michael Saylor, CEO of Microstrategy, investing in Bitcoin continues to be the best anti-inflationary tool. Bitcoin is a great safe-haven asset, according to Michael Saylor The cryptocurr...
BofA Strategists Say Investor Exodus Signals ‘True Capitulation’
(Bloomberg) — Money is leaving every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to Bank of America Corp. strategists. Most Read from Bloomb...
5 Cheap Cryptocurrency to Buy for Short-Term Profits
Investors trying to diversify their portfolios are flocking to the leading cryptocurrencies. However, now that many developing businesses are embracing cryptocurrencies as valid forms of payment, this...
Tether stabilizes after burning 3 billion tokens
USDT’s market capitalization was at US$79.41 billion Tether is subject to burn an equal amount of USDT The price of dollar-pegged USDT is now at US$1.01 The world’s biggest stablecoin annihilated an a...
Hester Pierce, The SEC’s commissioner, has Backed a Regulatory Framework for Stablecoins
The Crypto mom, Hester Pierce said that Stablecoins regulatory moments should be allowed for trial and error and, also a room for failure. Hester Pierce, the SEC’s commissioner, has backed a regulator...
Brittney Griner’s Russian Detention Reportedly Extended By 30 Days
Topline Russian authorities extended the pre-trial detention of WNBA star Brittney Griner for 30 days during a Friday court hearing in Moscow, according to ESPN and the Associated Press, in what’s the...